October 28, 2024

Mining vs AI – It’s not even close

Nvidia throws shade on the entire global mining industry.

October 27, 2024

Australia’s IGO swings to a loss on lithium downturn

The bottom line was affected by a 45% drop in IGO's share of net profit from its 49% stake in Tianqi Lithium Energy Australia.

October 27, 2024

Mineral Resources says investigation of founder to finish by next week

The company’s shares slumped 26% last week after reports of undeclared payments linked to its managing director.

October 25, 2024

Whitehaven Coal jumps on price outlook, output beat

A shortfall in global coal production with long-term output constraints and higher sea-borne demand from India is expected to lift prices, the miner said.

October 25, 2024

Coal billionaire Tykac eyes growth in bet against ESG uptake

Pavel Tykac’s Sev.en Group has taken advantage of cheap valuations to buy up coal power stations and mines in the US, Australia and Vietnam.

October 25, 2024

BHP, Vale and Samarco reach $30 billion Fundão dam settlement

The collapse of the dam at an iron ore mine owned by Samarco killed 19 people.

October 25, 2024

Rio Tinto signs MOU with China’s Nanjing Steel on decarbonization

Upstream mining giants have accelerated cooperation with their big consumers on decarbonizing the steel value chain to cope with climate change.

October 24, 2024

Biden administration approves ioneer’s Nevada lithium mine

Ford and a joint venture between Toyota and Panasonic have agreed to buy lithium from the mine.

October 24, 2024

Arkansas lithium projects heat up with royalty battle, huge underground resource

The Arkansas Oil and Gas Commission on Nov. 4 is to hear an application filed by those companies and others to potentially set the royalty rate.

October 24, 2024

Can Anglo’s copper pivot help thwart renewed takeover bid?

Any potential new bid should come when some of the restructuring is expected to completed by June or July next year.